Haldane McCall PLC (NGX: HMCALL), a real estate and hospitality company, has announced a proposed final dividend of 5 kobo per ordinary share of 50 kobo for the year ending December 31, 2025.
This highlights the company’s dedication to rewarding shareholders while focusing on sustainable growth and value creation.
The dividend will be subject to applicable withholding tax and must be approved by shareholders at the upcoming Annual General Meeting (AGM).
It will be paid to shareholders listed in the Register of Members as of Thursday, May 28, 2026, the qualification date.
Key dates are:
– Register closure: May 29 to June 4, 2026.
– Payment date: June 18, 2026.
Dividends will be paid electronically to shareholders who have completed e-dividend registration and authorized the Registrar to credit their bank accounts.
The company also emphasized the need to address unclaimed dividends, warrants, or share certificates. Shareholders affected are encouraged to complete their e-dividend registration or contact the Registrar for validation and payment.
This dividend follows the release of the audited financial statements for 2025, which reported a profit after tax of about N642.5 million.
Despite challenging conditions in the real estate market, efficient cost management helped maintain profitability and a strong equity position of roughly N17.15 billion.
Haldane McCall continues its shareholder-friendly approach, with management reaffirming a payout ratio of about 30% of net profits, supported by recurring income from hospitality and disciplined expansion.
As of late February 2026, HMCALL shares traded around ₦4.03 on the NGX, valuing the company at approximately ₦12.6 billion.
The stock has demonstrated resilience since listing, though investors should stay alert to market trends.
The Annual General Meeting is scheduled to hold on Thursday, June 18, 2026, at Suru Express Hotel, Isaac John Street, Ikeja GRA, Lagos.
About the company
Haldane McCall Plc was incorporated on the 27th of March, 2012, as a private limited company with a focus on the real estate business and a very promising outlook. It has successfully developed and marketed luxury residential apartments in the upper neighbourhood of Ikeja GRA, an upper-class segment of the Lagos metropolis. It currently holds prime properties in this neighbourhood for speculation and development. In 2020, by a resolution of the Board, the Company was converted from a Limited Liability Company to a Public Limited Company (PLC).
Subsidiaries and Operations
Suru Homes Ltd: Focuses on real estate, delivering luxury residential properties and affordable housing across Nigeria, with expansion via land acquisition for future projects.
Suru Express Hotels (including Suru Express Hotel and Suru Express Plus Operates a chain of mid-range hotels in Lagos (e.g., GRA Ikeja, Ikorodu, Surulere) and beyond, providing comfortable stays.
Administrator and Writer
